Use the Table Below to Answer the Following Questions About

question 62

Multiple Choice

Use the table below to answer the following questions about the Jetton Company.
Monthly Sales for the Jetton Company $$\begin{array} { | l | c | c | c | c | } \hline & \text { January } & \text { February } & \text { March } & \text { April } \\\hline \text { Sales } & 150,000 & 180,000 & 130,000 & 170,000 \\\hline ( \% ) \text { Cash Sales } & 18 \% & 26 \% & 24 \% & 19 \% \\\hline ( \% ) \text { Credit sales received } & & & & \\\text { when due in 30 days. } & 75 \% & 70 \% & 64 \% & 70 \% \\\hline ( \% ) \text { Credit sales received } & 7 \% & 4 \% & 12 \% & 11 \% \\\hline\end{array}$$
-Refer to the Monthly Sales for the Jetton Company.What is the average number of days to collect April sales for the Jetton Company?

• A)31.4 days
• B)27.6 days
• C)23.4 days
• D)19.75 days

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